"I know all L.A. fans will join me in putting the past behind us and looking forward to a new and winning era for the Clippers," Mayor Eric Garcetti said in a statement.

City Council President Herb Wesson said it would be “kind of a downer” if Donald and Shelly Sterling end up making a considerable amount of money out of the transaction. But he argued that having “that mindset out of the league is more important.”